Friday, 25 September 2015

Claris sells LM 41.86: Relying upon dedicated EMD products or core plus-style products can cost credit investors significant amounts of asset allocation alpha.

While this may be a good time to consider EMD credit, given their broad scope and specialized nuances, emerging markets can be difficult for individual investors to navigate. These experienced managers can help investors identify the solid fundamentals and attractive valuations that are essential to success in the EMD credit sector. Emerging markets credit debt (EMD) can offer attractive yields, but recent market turmoil illustrates the formidable challenges and risks investors potentially face. The Company supplies its asset management services via numerous asset managers, each of which distributes retail products and services via a focused retail supply network, usually markets its products under a unique brand name and, in many cases. The Company through its subsidiaries provides investment management and relevant services to individual and institutional customers, company-sponsored mutual funds and other pooled investment vehicles.


Rosemarie:
Finally, Stifel Nicolaus cut their price target on shares of Legg Mason from $62.00 to $61.00 and set an outperform rating for the company in a report on Monday, August 3rd.

Hayley:
Susquehanna cut their price objective on shares of Legg Mason from $42.00 to $36.00 and set a negative rating for the company in a report on Thursday, September 3rd.

Heide:
Barclays lowered their price objective on shares of Legg Mason from $60.00 to $55.00 and set an equal weight rating on the stock in a research note on Friday, July 10th.

Elvira:
Jefferies Group reiterated a buy rating and issued a $63.00 price target (down from $67.00) on shares of Legg Mason in a research note on Thursday, July 9th.

Sophia:
This represents a $0.80 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Tuesday, October 6th.

Jeneva:
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th.

Kerrie:
On average, equities research analysts anticipate that Legg Mason will post $3.07 earnings per share for the current fiscal year.

Pearly:
The company had revenue of $708.60 million for the quarter, compared to analyst estimates of $702.72 million.

Kassie:
Legg Mason ( NYSE:LM ) traded up 1.07% during trading on Thursday, hitting $42.60. 158,674 shares of the stock were exchanged.

Sandie:
Distributor: Royce Fund Services, Inc.

Legg Mason (NYSE:LM)
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